Zim Laboratories Ltd

Zim Laboratories Receives ₹2.19 Cr GST Demand Notice 📄

• Received GST demand notice totaling ₹2,19,64,841 for financial year 2021-22

• Demand includes GST of ₹1,68,50,472, interest of ₹34,29,322, and penalty of ₹16,85,047

• Notice alleges excess input tax credit under Maharashtra GST Act

• Company is assessing the demand and plans to file an appeal

• No material impact anticipated on financials or operations